According to Article.: 49 of Company law, the Article.: 56.1 of Securities market law, and the Clause.: 10.8 of Listing Rules of FRC, a listed company is obligated to disclose any decision or resolution that can affect its share price to public.
"SUU" JSC, not submitting its resolution on share repurchase to the FRC and MSE and disclosing to the public, is deemed to have violated relevant regulations and was imposed a penalty under the Infringement law.
"Bodi insurance" JSC was also previously imposed such penalty; therefore, the MSE hereby warns all listed companies to disclose any decision or resolution that can affect their share price within the period set forth in relevant regulations.
MONGOLIAN STOCK EXCHANGE